Somerville, MA – According to filings with the U.S. Securities and Exchange Commission, Alloy Enterprises is raising $4,325,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Alison Forsyth played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Alloy Enterprises

Big problems need big ideas. Alloy is developing the next generation of aluminum additive technology to produce fully dense, low cost, and high quality parts without expensive and hazardous powders. We’re combining established methods in a novel way to achieve both strength and throughput. Emerging trends in light-weighting are highlighting the demand for aluminum and challenges in the supply chain. The rise in additive manufacturing aims to serve this transformation, but high costs and slow build speeds are preventing utilization in production. Our team consists of tough tech startup veterans and metal additive experts with a proven track record of productizing technologies and bringing them to market. We know from experience that success is rooted in process reliability and quality with a strong focus on customer applications.

To learn more about Alloy Enterprises, visit http://www.alloyenterprises.co/

Contact:
Alison Forsyth, President and Chief Executive Officer
315-546-6213
https://www.linkedin.com/in/alisonforsyth/

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